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  • November 27, 2014
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  1. Money, it seems, can't buy happiness, survey shows

    Posted Nov 22nd 2008, 12:00am by Martin Wong

    ... Martin Wong Hong Kong people feel happier now than last year despite the impact of the global financial crisis but the middle class, which has apparently suffered the most from ... as upper middle class on monthly household incomes of between HK$30,000 and HK$39,999 declined significantly from 74.29 last year to 71.64 this year. 'It is easy to tell that this income group ...

  2. A swing of the pendulum

    Posted Jan 26th 2005, 12:00am by Chris Yeung

    ... politicians for what they saw as behind-the-scenes manipulation of the Link Reit listing fiasco was a landmark case, he said, revealing a rise in the conservative force of the middle class. It may ... the strong reaction from some of the middle class over the policy-address initiative on poverty. Even before the composition of the commission is made public, some middle-class callers to radio ...

  3. The new class struggle in China and why it threatens economic progress

    Posted Mar 13th 2011, 12:00am by Mark O'Neill

    ... population. Below them is an upper middle class of about 25 million or 3.2 per cent, a middle class of 105 million or 13.3 per cent, a lower middle class of 540 million or 68 per cent and a low class ... companies, state and private. The upper middle class comprises six groups, including middle managers of these banks, state firms and foreign-invested companies; bosses of medium-sized private firms ...

  4. Why we need America

    Posted Oct 25th 2008, 12:00am by Staff Reporter

    ... Written by Susie Gyopos Author argues that only the US can save us from the effects of global warming, overcrowding, and a growing and demanding middle class Book Hot, Flat and Crowded ... is the rise of the middle class (flat), not just in developed countries but around the world from China, to India, Brazil, Russia and Eastern Europe, and their rise to prominence as consumers. ...

  5. 1,280 yuan for breakfast, and not a scrap to eat

    Posted Aug 15th 2010, 12:00am by Fiona Tam

    ... and the mainland's growing middle class. What kind of breakfasts do you serve? We offer only one set menu between 7am and 11am. It doesn't list any food but has three beverages: aloe vera juice, ... cardiovascular system and also aid digestion. Many of my middle-class clients and former colleagues from the IT business are overweight owing to a lack of exercise and constipated because they do not get ...

  6. Handouts justified, but more rainy days to come

    Posted Jul 17th 2008, 12:00am by Staff Reporter

    ... Rising inflation has hit the poor hardest and is affecting the earnings and living standards of the middle class. The government, therefore, has understandably been under mounting pressure ... especially. The suspension of the levy on overseas domestic helpers is a welcome relief for middle-class families, but it should be scrapped. The levy was introduced when the government had a huge ...

  7. Business - Commodities

    Rising food costs feeding boom in commodities market

    Posted May 11th 2008, 12:00am by Nick Westra

    ... among Asia's growing middle class and a flood of speculative money have produced a perfect storm of influences that has sent prices of staple foodstuffs soaring. With hundreds of millions ... of millions of consumers in Asia, in India and China moving into the middle class and they have changed their diets,' Mr Unteroberdoerster said. 'This has led to a structural increase ...

  8. Prevailing pessimism dilutes impact of basket of goodies

    Posted May 27th 2009, 12:00am by Chris Yeung

    ... if not all, of the measures announced by the financial chief yesterday had already been widely leaked to the media, and so there were no pleasant surprises. The depth of anxiety among the middle class ...

  9. Tourism chief seeks relaxation of visa rule

    Posted Apr 19th 2005, 12:00am by Freda Wan

    ... the world's largest Muslim population, is also targeting India and the Middle East as its major tourism markets this year. By attracting tourists in these three markets, the minister hopes to boost tourist arrival figures from 5.3 million last year to 6 million. 'India has 1 billion people, 30 per cent of whom are middle class,' he said. He also pointed out that India and Indonesia ...

  10. Dose of reality awaits insurers

    Posted Jul 11th 2005, 12:00am by Enoch Yiu

    ... of the recent flooding. This would change soon with a rising middle class, he said. 'China is going to have 500 million in the middle class in 25 years, making it the fastest-growing insurance ...




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